Air Asia Co (TPE:2630) Current Ratio: 2.84 (As of Mar. 2026) — 52% Above Median

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TPE:2630 Air Asia Co Ltd TPE:2630
83 GF Score
Price NT$53.30
GF Value NT$38.73
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Air Asia Co Current Ratio?

Air Asia Co TPE:2630 +0.19% 83 Current Ratio is 2.84 as of Mar. 2026, which is 52% above its 10-year median of 1.87. GuruFocus rates TPE:2630 with a GF Score™ of 83/100 and a GF Value™ of NT$38.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 360 Aerospace & Defense companies, Air Asia Co ranks better than 69.44% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Air Asia Co's current ratio for the quarter that ended in Mar. 2026 was 2.84.

Air Asia Co has a current ratio of 2.84. It generally indicates good short-term financial strength.

The historical rank and industry rank for Air Asia Co's Current Ratio or its related term are showing as below:

TPE:2630' s Current Ratio Range Over the Past 10 Years
Min: 1.4   Med: 1.87   Max: 3.74
Current: 2.84

During the past 13 years, Air Asia Co's highest Current Ratio was 3.74. The lowest was 1.40. And the median was 1.87.

TPE:2630's Current Ratio is ranked better than
69.44% of 360 companies
in the Aerospace & Defense industry
Industry Median: 1.93 vs TPE:2630: 2.84

Air Asia Co  (TPE:2630) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Air Asia Co Current Ratio Related Terms


Air Asia Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Air Asia Co's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Air Asia Co Current Ratio Chart

Air Asia Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 1.51 2.69 2.59 2.57

Air Asia Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.06 2.17 2.16 2.57 2.84

TPE:2630 vs SPCX, GE, RTX: Current Ratio Comparison

For the Aerospace & Defense subindustry, Air Asia Co's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air Asia Co Current Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Air Asia Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Air Asia Co's Current Ratio falls into.


TPE:2630
83GF Score
Air Asia Co Ltd TPE:2630
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air Asia Co Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Air Asia Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=4514.684/1757.194
=2.57

Air Asia Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=4412.587/1553.773
=2.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.84 mean?
Air Asia Co (TPE:2630) has a Current Ratio of 2.84 as of Mar. 2026. This is 52% above median its historical median of 1.87. Over the past decade, Air Asia Co's Current Ratio has ranged from 1.40 to 3.74. According to the industry distribution chart, Air Asia Co ranks #110 out of 360 companies in the Aerospace & Defense industry, placing it in the top 30.6%.
Is Air Asia Co's Current Ratio too high?
Air Asia Co's current Current Ratio of 2.84 is 52% above median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 3.74. The Aerospace & Defense industry median Current Ratio is 1.93. Air Asia Co's value of 2.84 is 47.2% above this industry median. Based on the distribution chart, Air Asia Co ranks #110 out of 360 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Air Asia Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air Asia Co's Current Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Air Asia Co ranks #110 out of 360 companies for Current Ratio. This puts Air Asia Co in the upper half of its industry. The industry median Current Ratio is 1.93. Air Asia Co's value of 2.84 is 47.2% above this benchmark. Historically, Air Asia Co's own Current Ratio has ranged from 1.40 to 3.74 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 1.93, Air Asia Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Aerospace & Defense company?
The median Current Ratio among Aerospace & Defense companies is 1.93, based on 360 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Asia Co's current Current Ratio of 2.84 is 47.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Current Ratio is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Asia Co's current Current Ratio is 2.84, which is 52% above median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Asia Co stock overvalued right now?
Based on GuruFocus' analysis, Air Asia Co (TPE:2630) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$38.73, compared to a current price of NT$53.30 — trading 37.6% above its estimated fair value. The current Current Ratio is 2.84, which is 52% above median its 10-year median of 1.87 and 47.2% above the Aerospace & Defense industry median of 1.93. Air Asia Co's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Air Asia Co (TPE:2630), the current Current Ratio is 2.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Air Asia Co (TPE:2630) Overvalued in 2026?

Based on GuruFocus' analysis, Air Asia Co stock appears to be overvalued. The current stock price of NT$53.30 is trading 37.6% above its estimated GF Value™ of NT$38.73. GuruFocus considers Air Asia Co to be Significantly Overvalued.

Key valuation signals for TPE:2630:

  • Current Ratio: 2.84 (52% above median its 10-year median of 1.87)
  • GF Value™: NT$38.73 vs. price of NT$53.30 (37.6% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 47.2% above the Aerospace & Defense median (#110 of 360)

No single metric tells the full story. See the TPE:2630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air Asia Co Business Description

Address Jichang Road, No. 1050, Rende District, Next to Tainan Airport, Tainan Terminal, Tainan, TWN, 717206
Air Asia Co Ltd provides maintenance, renovation, upgrades, and integrated logistic support services for the aircraft and related components. It offers various services such as aircraft structure damage repair, airframe modification and retrofit, helicopter maintenance services, inspection, repair, and overhaul for various aircraft avionics/hydraulic/mechanical components, distributing parts and components, etc. Geographically, the Group generates maximum revenue from Taiwan, and the rest from Asia (excluding Taiwan), and other markets.
83GF Score

Get the complete analysis for TPE:2630

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$53.30
Price
NT$38.73
GF Value